Deputy Prime Minister Vu Van Ninh met with a number of USparliamentarians and businesses on September 16 to discuss how toenhance bilateral economic and trade ties with a focus on theacceleration of the Trans-Pacific Partnership (TPP).
During meetings with Chairman of the US House of Representatives’Committee for Finance Ron Wyden and Chairman of the Senate’s BudgetCommittee David Camp, Deputy PM Ninh said Vietnam would continue toactively coordinate with the US and other parties to step up theconclusion of TPP negotiations.
He suggested the USgive Vietnam a degree of flexibility and technical assistance inthe implementation of TPP commitments due to the differences between thetwo countries in terms of development.
Briefing hishosts on Vietnam’s external policy of independence, self-reliance,multilateralisation and diversification, Deputy PM Ninh stated thatVietnam continuously treasured the cooperation with the US as partof the bilateral strategic partnership established by President TruongTan Sang and President Obama last July.
During themeetings, the two sides also discussed a number of other issues,including the US ’s recognition of Vietnam’s market economyregulations, and the implementation of a catfish supervision programmefor tra and basa fish from Vietnam .
The DeputyPM also met with a number of US businesses and representatives from theUS-ASEAN Business Council and the American Chamber of Commerce, andbriefed them on Vietnam ’s economic policies and trends forinvestment and trade expansion.
He also gave anoverview of bilateral cooperation on the economy, trade and investmentbetween the two countries in recent years.
He askedUS firms to support the prompt conclusion of TPP negotiations andencourage authorities to create favourable conditions for the process.
Many US giants, such as Google, General Motors andAmerican Eagle, firmly believe US negotiators need to be moreflexible in the negotiation on opening the market to Vietnamese exports,especially with regard to garments, textiles and footwear.
Deputy PM Ninh praised US businesses for pushing the TPP negotiationprocess forward, suggesting the two business communities work togetherclosely to embrace bilateral trade links in the near future.
He confirmed the Vietnamese Government would continue to create anadvantageous investment climate for US partners expecting to makelong-term investments in Vietnam .
On the sameday, Deputy PM Ninh met with Vietnamese scientists and researchers inthe US and informed them of the practical outcomes of economiccooperation between the two countries in the last few years.
Participants talked about the opportunities and challenges of the TPP agreement for Vietnam once it is completed.
According to Deputy Minister of Industry and Trade Tran Quoc Khanh,during his meeting with US officials, Deputy PM Ninh affirmed a numberof points that are under negotiation go hand in hand with the economicrestructuring process and growth model renovation in Vietnam.
He said Vietnam is willing to negotiate these issues withpartners. However, the country appealed to the US and other partiesinvolved to look out for Vietnam’s key interests and facilitate accessto apparel and footwear markets.-VNA
During meetings with Chairman of the US House of Representatives’Committee for Finance Ron Wyden and Chairman of the Senate’s BudgetCommittee David Camp, Deputy PM Ninh said Vietnam would continue toactively coordinate with the US and other parties to step up theconclusion of TPP negotiations.
He suggested the USgive Vietnam a degree of flexibility and technical assistance inthe implementation of TPP commitments due to the differences between thetwo countries in terms of development.
Briefing hishosts on Vietnam’s external policy of independence, self-reliance,multilateralisation and diversification, Deputy PM Ninh stated thatVietnam continuously treasured the cooperation with the US as partof the bilateral strategic partnership established by President TruongTan Sang and President Obama last July.
During themeetings, the two sides also discussed a number of other issues,including the US ’s recognition of Vietnam’s market economyregulations, and the implementation of a catfish supervision programmefor tra and basa fish from Vietnam .
The DeputyPM also met with a number of US businesses and representatives from theUS-ASEAN Business Council and the American Chamber of Commerce, andbriefed them on Vietnam ’s economic policies and trends forinvestment and trade expansion.
He also gave anoverview of bilateral cooperation on the economy, trade and investmentbetween the two countries in recent years.
He askedUS firms to support the prompt conclusion of TPP negotiations andencourage authorities to create favourable conditions for the process.
Many US giants, such as Google, General Motors andAmerican Eagle, firmly believe US negotiators need to be moreflexible in the negotiation on opening the market to Vietnamese exports,especially with regard to garments, textiles and footwear.
Deputy PM Ninh praised US businesses for pushing the TPP negotiationprocess forward, suggesting the two business communities work togetherclosely to embrace bilateral trade links in the near future.
He confirmed the Vietnamese Government would continue to create anadvantageous investment climate for US partners expecting to makelong-term investments in Vietnam .
On the sameday, Deputy PM Ninh met with Vietnamese scientists and researchers inthe US and informed them of the practical outcomes of economiccooperation between the two countries in the last few years.
Participants talked about the opportunities and challenges of the TPP agreement for Vietnam once it is completed.
According to Deputy Minister of Industry and Trade Tran Quoc Khanh,during his meeting with US officials, Deputy PM Ninh affirmed a numberof points that are under negotiation go hand in hand with the economicrestructuring process and growth model renovation in Vietnam.
He said Vietnam is willing to negotiate these issues withpartners. However, the country appealed to the US and other partiesinvolved to look out for Vietnam’s key interests and facilitate accessto apparel and footwear markets.-VNA
